If you want to organize a limited liability company

[mahbubamim077]

Current income tax legislation (art. 99 of decree no. 36,773, of 1955) has even encouraged them.

On the other hand, it is not the fact that almost all of our commercial legislation is outdated that has hindered the country's economic development or caused the periodic crises that our economy is struggling with.

What has contributed to this obstacle is the misguided state intervention in private activities.

The producing classes (commerce, industry and the modern uae bulk sms marketing service corporate organization of agriculture) do not complain about the obsolete nature of our commercial laws, as an obstacle to their progress, but rather about the constant disturbance that the State brings them, in its effort to become the modern Leviathan that we all know well.

This does not prevent us from recognizing that our laws on commercial companies need to be modernized, taking advantage not only of the lessons of our own experience, established through the decisions of the Justice system on the most important controversies submitted to it, but also of the subsidy of the legislation of educated peoples, with whom we have greater ethnic, historical and social affinities.

In fact, our partnerships, or those with joint and unlimited liability of the partners, as well as the others covered by our Commercial Code, continue to be regulated by legislation that was drafted at the time of land transport on the backs of animals and economic liberalism; of the autonomy of will and sacred respect for the contract (which was law between the parties), a situation that is incompatible with the speed of air transport, of people and things; of the transmission of will by telephone and radio, making present contracting parties who were previously considered absent .